Category: Energy News Beat

Sentinel Midstream Announces ExxonMobil Joint Venture Serving the Louisiana Energy Market

Energy News Beat Sentinel Midstream Announces ExxonMobil Joint Venture Serving the Louisiana Energy Market – Oil & Gas 360 Market Data copyright © 2020 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.   The post […]

Maverick Energy Group, Ltd. and Willcox International Holdings, Inc. Form Joint Venture for Lithium Extraction from Saltwater Brine in Oil Production

Energy News Beat Maverick Energy Group, Ltd. and Willcox International Holdings, Inc. Form Joint Venture for Lithium Extraction from Saltwater Brine in Oil Production – Oil & Gas 360 Market Data copyright © 2020 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market […]

Biden administration’s new methane rule to hamper U.S. oil, gas production, trade associations warn

Energy News Beat World Oil (WO) – On Saturday, Dec. 2, the Biden administration unveiled a new methane emissions rule at COP28 aimed at “sharply reducing methane and other pollutants from the oil and natural gas industry” by “promoting the use of cutting-edge methane detection technologies,” according to a news release from the U.S. Environmental […]

EU countries buying record volumes of Russian LNG

Energy News Beat Russian exports of liquified natural gas (LNG) to Europe hit an all-time high of 1.75 million tons in November, the Kommersant business daily reported on Monday, citing data by Kpler. The previous record was set in December 2022, when Russia exported 1.737 million tons of LNG to the region. The largest November […]

Daily Energy Standup Episode #263 – Opt-Outs, Copper Surges, EV Challenges, and Global Transition Struggles

Energy News Beat Daily Standup Top Stories Chevron, Exxon opt out of funding COP28 methane-reduction fund December 4, 2023 Mariel Alumit (Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil […] […]

Germany is the sick man of Europe – and the prognosis is grim

Energy News Beat Few countries are more aware than Germany of how important it is to keep public finances in order. But few countries have indulged in more creative accounting. As Germany’s highest court ruled current spending plans unconstitutional, it finally destroyed the nation’s cherished myth of fiscal prudence. The stakes could not be higher for […]

Copper climbs to 11-week high on Panama mine risk, shortfall

Energy News Beat Copper advanced to the highest level in 11 weeks on concerns over the looming shutdown of a large mine in Panama and amid expectations of a widening ore supply deficit in 2024. The Panama government has said it will shut First Quantum Minerals’s Cobre operation, which produces about 1.5% of the world’s supply. […]

The Dangerous Futility of the Energy Transition in a Single Graphic

Energy News Beat During the 1980s-2000s, the U.S. and Europe intentionally transferred their manufacturing and industrial sectors to China. Since 2015, we have been intentionally transferring our energy security to China. The chart below illustrates the utter futility of this energy transition. We are not achieving any real reduction in carbon and other emissions from […]

Turbine Accident Statistics

Energy News Beat Summary of Wind Turbine Accident data to 30 September 2023 The table includes all documented cases of wind turbine related accidents and incidents which could be found and confirmed through press reports or official information releases up to 30 September2023. Scotland Against Spin (SAS) believe that this compendium of accident information may […]

Natural gas is now stronger than ever in the United States power sector

Energy News Beat This summer, natural gas covered almost half of United States electricity demand For the very first time, on 28 August 2023, the United States met more than of half of its electricity demand from natural gas. It encapsulated a summer during which gas-fired electricity generation grew dramatically. In just the past two […]